Like ERG and CFU, WAS still has to get the deals done and commercialized to a broad customer catchment (let alone build their first one) for it to be more than a speculative punt to me, but heck I am happy to speculate for now . The thing that is reasonably attractive (to me) about WAS is the diversity of energy opportunities they have .
I think divesting of RUM would be stupid though . One of RUM's prospects surrounds what is known to be a U resource with higher grade U than BHP's Olympic Dam . There is potential imo for RUM to have a marcap 10 - 20 times it's current level if that is proven . Selling RUM's potential tangible resource too early is not a smart thing -also reduces their energy sector exposures . Like it or not nuke power is going to grow exponentially world wide imo .
WAS Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
